Random Look At Nice MRO Wells In Reunion Bay, Sections 1/2-150N-93W -- May 20, 2019

The well:

• 23176, 1,490, MRO, Tara Jo USA 34-12TFH, Reunion Bay, t1/13; cum 389K 11/18; offline 11/18; still offline 3/19; inactive;

That well, offline for the past several months, leads us to these two neighboring wells which have just been fracked:

• 34262, 4,136, MRO, Yellow Otter USA 14-7TFH, 45 stages, 6.4 million lbs; Reunion Bay, t2/19; cum 73K 37 days; 32K over 13 days extrapolates to 73K over a 30-day month:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	24	41377	41165	55023	39495	0	36674
BAKKEN	2-2019	13	31750	31527	39750	28815	0	26686
BAKKEN	1-2019	1	0	0	0	0	0	0

• 34261, 5,035, MRO, Young Woman USA 44-12H, 45 stages, 8.4 million lbs; Reunion Bay, t2/19; cum 119K 53 days: 63K over 24 days extrapolates to 79K over a 30-day month:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	29	55930	55786	39160	52779	0	48977
BAKKEN	2-2019	24	63130	62686	52023	57337	0	53104
BAKKEN	1-2019	5	0	0	1193	981	0	981

• 34260, 2,703, MRO, Walking Eagle USA 44-12TFH, Reunion Bay, t2/19; cum 44K 50 days:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	25	17610	17624	40770	20892	0	19619
BAKKEN	2-2019	25	26623	26422	63389	30653	0	28812

Neighboring wells to the west running in the opposite direction, running north to south:

• 18514, 672, MRO, Howard USA 11-1H, Reunion Bay, t6/10; cum 521K 3/19: recent production, note the few days in the past couple of months:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	11	2366	2442	2741	427	295	0
BAKKEN	2-2019	14	9012	8957	3785	8622	0	8079
BAKKEN	1-2019	6	1337	1297	4832	1309	0	1224
BAKKEN	12-2018	0	0	0	0	0	0	0
BAKKEN	11-2018	0	0	0	0	0	0	0
BAKKEN	10-2018	14	1127	1702	288	1385	606	638
BAKKEN	9-2018	28	2271	2321	455	2689	2355	36
BAKKEN	8-2018	31	2564	2392	554	3071	2472	263
BAKKEN	7-2018	31	2619	2604	524	3030	1915	776
BAKKEN	6-2018	30	2529	2587	498	2881	2389	164
BAKKEN	5-2018	31	2722	2769	514	3030	849	1836
BAKKEN	4-2018	30	2724	3002	503	3198	2404	314
BAKKEN	3-2018	31	2877	2342	535	3225	2230	492

• 33668, 3,278, MRO, Fannie USA 21-1H, Reunion Bay, t2/19; cum 61K 47 days: 

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	29	30217	30294	31773	28173	16645	9466
BAKKEN	2-2019	18	30600	30278	32558	23321	0	21264
BAKKEN	1-2019	2	0	0	150	30	0	30

• 33667, 2,555, MRO, Dutton USA 21-1TFH, Reunion Bay, t2/19; cum 57K 52 days:

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	3-2019	29	27008	27108	31605	24127	15180	7102
BAKKEN	2-2019	23	30265	29946	42447	25723	0	23681
BAKKEN	1-2019	2	0	0	721	0	0	0

Apparently Tim Cook's Generation Raised "A Bunch" Of Socialists -- Never Have I Ever Agreed With Tim Cook So Much -- May 20, 2019

Screenshots from Drudge Report in last 72 hours.

Of course the Gallup poll suggesting 4 in 10 Americans embrace socialism doesn't support reality. Bernie, the only true socialist among the Democrat wannabes is barely able to get 20% of his party's polling. Assuming the Dems and the GOP are pretty much split 50/50, Bernie is grabbing 20% of 50% which amounts to 10% of all Americans in the polling/voting pool.

In the most recent polling, Bernie is polling 18.8%.

Whatever.

Regardless, apparently Tim Cook's generation raised a large number of Americans to be socialists.

Mexico Flirts With Suicide -- Op-Ed -- WSJ -- May 20, 2019

I have a tag, "Road To Mexico."

A theme on the blog: Mexico is hurtling toward the same situation we see in Venezuela.

How interesting to see an op-ed in the WSJ yesterday: Mexico flirts with suicide.

Annual Review: Average Revenue Per Employee And Fastest Growing Revenue Per Employee -- 2018 Data

Updates

May 25, 2019: from twitter --

 

Original Post

Released May, 2019.

Link here.

By sector, "Energy and Utilities" was number 1.

Note:
Energy & Utilities remains the top performing sector in terms of revenue per employee and the only sector with an average revenue per employee greater than $1 million. Healthcare, Mobile & Telecommunications, and Financial Services sectors are also performing well.

By company, these are the top 25 companies with the highest revenue per employee for FY18:

Among the top 25:

• Valero Energy (1) -- $11.4 million / employee
• Phillips 66 (2)
• Cabot Oil & Gas (4)
• EOG (5)
• HollyFrontier (7)
• ONEOK (8)
• Exxon Mobil (10)
• Hess (11)
• Devon (12)
• ConocoPhillips (13)
• Chevron (14)
• Diamondback Energy (16)
• Anadark0 Petroleum (18)
• Pioneer Natural Resources (19)
• Concho Resources (20)
• Marathon Oil (21)
• Cimarex Energy (24)

Of note, missing:

• Marathon Petroleum 
• Apple
• Occidental
• Google
• Facebook
• Microsoft

At the other end of the scale, the 25 companies at the bottom end of the S&P 500 companies.

What If Green Energy Isn't The Future -- For The Archives

Minnesota:

• Xcel's plan announced May 20, 2019
• coal-free by 2030
• nuclear-free by 2040
• nuclear currently accounts for 23% of Minnesota's electricity consumption  
• Minnesota nuclear; two plants, nameplate capacity
• Monticello: 671 MW
• Prairie Island: 1,096 MW
• coal
• last two coal plants (to close by 2030)
• Sherco #3 (Sherburne County, unit #3): 876 MW
• Allen S. King: 511 MW
• Natural gas plant expansion
• Mankata Energy: was 415 MW; expansion to 760  MW by 2019
• Renewable energy plans, to add:
• solar: add 3,000 MW
• wind: add 1,850 MW

Comments:

• total nuclear, 2019: 1,767 MW
• total coal that will close: 1,387 MW
• in other words, closing the coal plants will almost be the same as closing the two nuclear plants which account for 23% of Minnesota's electricity generating capacity
• I hope North Dakota and South Dakota are watching 
• it's agreed that the Xcel plant will not be cheap but it won't be much more than rate of inflation